Chinaccelerator Daily Digest 2019/6/19

Overseas:

1. World electronic gaming revenues to grow 9.6% to $152.1 billion in 2019 – report by gaming analytics firm Newzoo

2. Top 200 Apps Made $13 Billion In Q1 2019; iOS Apps Earn 64% More Than Android

3. Advertisers and digital media companies form a new Global Alliance for Responsible Media

4. Facebook launches a new cryptocurrency called Libra

5. AI photography platform Meero raises $230 million to become France’s newest unicorn

6. Amazon’s Twitch acquired social networking platform Bebo for up to $25M to bolster its esports efforts

7. Optimizely raises $50M Series D round for its experimentation platform

8. The rise of the gig economy helps London-based insurtech Zego to raise $42M

9. GoTenna is ramping up public sector mesh networking with a $24M C round

10. NewtonX raises $12 million to help companies find expert consultants

11. SafeAI raises $5M to develop and deploy autonomy for mining and construction vehicles

12. Youper, a chatbot that helps users navigate their emotions, raises $3 million in seed funding

13. PowerPoint gains an AI-powered presenter coach and beefed-up design suggestions

14. YouTube’s new AR Beauty Try-On lets viewers virtually try on makeup while watching video reviews

15. Microsoft researchers use Generative Adversarial Networks (GANs) to generate images and storyboards from captions

16. DeepMind’s AI uses aerial and ground-view data to navigate unseen areas

China:

1. Chinese e-commerce growth in May slows against world average, where the figure had fallen below 20% and e-commerce sales totaled CNY3.9 trillion

2. Shanghai to host 2nd AI global conference in August

3. Chinese e-commerce giant JD sales for June 18 shopping gala reached 201.5b yuan, compared with 159b yuan in 2018

4. Tencent Teams With Medical Technology Firm Heren Health to Promote Telemedicine

5. Tencent leads $160m Series D in Chinese industrial e-commerce platform Zhenkunhang 震坤行

6. Chinese app Manbang 满帮 handled $100b in goods a year by matching shippers with truckers

7. China’s Third-Party Payment Platform Lakala 拉卡拉 to Spend USD52 Million to Form a Securities Firm With China’s Legend Holdings and VMS Securities

Cross-border:

– Singaporean investor Temasek backs $75m Series B for US-based Viela Bio

Emerging Market:

1. Gobi Partners, MAVCAP, Sunway Group launch early-stage fund, Malaysia Superseed Fund II for Malaysian startups

2. Accelerating Asia to reach first close of $5m pre-seed VC fund in July to accelerate startups from around Asia

3. Hotel startup OYO accounted for 92% of the total funding in India’s hospitality startups in 2018

4. Payments solution company Razorpay banks $75m in series C round

5. Proptech startup GuestReady bags $6m in series A round

Image credits: The Block